Senior Property Accountant

Key Responsibilities

• Perform daily cash receipt deposits to tenant ledgers as received to property cash accounts and process bi-weekly invoice approval and check runs to make timely payments on vendor accounts.
• Complete monthly reporting packages within established deadlines and as required by external investors.
• Reconciles all bank accounts associated with each property in assigned portfolio and reconciles all balance sheets monthly.
• Prepares monthly property management fee calculations based on property management agreements and prepares tenant operating and real estate tax escalations, including annual true-ups and expense reconciliations (i.e. CAM reconciliations).
• Audit and ensure accuracy of rent roll and lease abstracts for assigned portfolio and maintain job cost on capital expenditures and tenant improvements. Reconciles tenant improvement allowances.
• Manage, analyze, and audit tenant accounts to ensure they are billed correctly each month, for all rental and additional charges per their lease, and investigate and resolve all discrepancies.
• Set up depreciation, amortization, personal property schedules, and straight-line rent schedules.
• Assist in the development of the annual business plan and operating budget for each property in conjunction with the respective asset and/or property manager and participate and coordinate the transfer of the title from the development entity to the ownership entity.
• Assist with acquisitions and dispositions of properties within assigned portfolio and frequent communication and interaction with property management or asset management team.
• Responds to and resolves issues and requests of vendors, asset and/or property managers, and lenders and follows standard policies and procedures to ensure internal and external reporting requirements are met.
• Prepare opening and closing entries for new acquisitions and dispositions and help coordinate financial information for new properties.
• Setup and input new properties, rent rolls, leases, and GL chart of accounts for new acquisitions, prepare [post-closing entries for new acquisitions and dispositions, and maintain and manage utility sub-meter system (Emon).
• Assist on miscellaneous tasks, ad hoc, and special projects as needed.
• Prepare processes and procedures for accounting department to include process manuals for software and procedures for miscellaneous accounting tasks, and assist with review of Property Accountant lease entry.
• Prepare portfolio-wide entries including debt, depreciation, etc. and reviews portfolios for consistency within financials.

Skills, Knowledge, and Expertise

Education:

• Bachelors Degree in Accounting or Finance - Required

Experience:

• 5+ years commercial property accounting experience
• 1+ years Timberline, MRI, or Yardi experience

Skills:

• Proactivity, multi-tasking, and time management skills

Benefits

• Compensation: $90,000 - $95,000 / year
• Eligible for discretionary benefits: performance bonus target and additional compensation
• Eligible for standard employee benefits: Medical, Dental, Vision, 401k, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits

Disclaimer

To All Recruitment Agencies – NexCore Group does not accept unsolicited third-party resumes.
NexCore Group knows that when we welcome different points of view, it makes us better, stronger, and moves us boldly forward in becoming a world-class company. That is why we’re proud to be an Equal Opportunity Employer and encourage all qualified talent to apply. Your application will be reviewed regardless of race, religion, gender, sexual orientation, national origin, disability, age, or veteran status.
If you are interested in applying for a position with NexCore Group and need special assistance or an accommodation to use our website, please contact HR@NexCoregroup.com